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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: pvz who wrote (14306)6/7/2002 10:57:33 AM
From: Warpfactor  Read Replies (1) | Respond to of 23153
 
Looks like my LLTC down all of a buck - I feel I've dodged a bullet - was fearing $3.

The TRIN of 0.95 is strange, meaning the selling today is broad based and not the high-TRIN dumping that you might normally attach to capitulation events. However, go back to the week of Sept 11th, you will also see these low TRINs as the selloff affected all sectors.

Excellent panic pickup by Gottfried yesterday in AH - AMAT at 19.25.

PVZ, I am aware of the IBES valuation model for the S&P. While some focus on trailing PE for the SP500 Index, this model factors in prevailing monetary rates - in which case higher PEs can be justified. I was aware that it was slightly undervalued, didn't know it was going to -9% and the end of the quarter.



To: pvz who wrote (14306)6/8/2002 6:11:36 AM
From: MythMan  Read Replies (1) | Respond to of 23153
 
do you calc the Fed model yourself or do you know of a site that updates daily? Yardeni link at Prudential was up for awhile then went down. That had the Fed model.